Local developer reveals initial plans for affordable housing in Morrisania

Local developer reveals rendering for affordable housing in Morrisania at 1041 Prospect Ave.
Photo courtesy of Metro Futures

A local developer recently revealed renderings for a project that will provide affordable housing in Morrisania.

The site at 1041 Prospect Ave., is in the early planning stages, according to Malik Brown, development associate and special assistant to the founder and CEO at Metro Futures, 2417 Third Ave.

While Brown stressed it is too early to announce exact figures, he estimated the building will be between 10 to 15 stories and 240 to 260 units. Permits have not been filed with the Department of Buildings yet.

The current property is 127,045 square feet and there is a large single-story commercial building with a Western Beef supermarket, several stores and a parking lot, which are all owned by Cactus Holdings.

Brown told the Bronx Times the project has been presented to Housing Preservation and Development (HPD) and Community Board 4.  He noted that Western Beef will not be impacted by the work and it will be integrated into the design of the residential building.

“The development will be built on a portion of the Western Beef parking lot and will provide affordable housing for low and moderate income working families, with a percentage of the units dedicated to formerly homeless individuals,” Brown said.

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